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Showing 81 - 90 of 9378 results for "LIF"

Best default super funds revealed

ANDREW MCKEAN  |  MONDAY, 4 MAR 2024
Superannuation research shows that retail funds dominated in the 12 months to January end. League tables show Vanguard Super's default lifecycle investment option bested competitors for the year ending 31 January 2024. According to Rainmaker Information ...

Iress loses key wealth executive

ELIZABETH FRY  |  FRIDAY, 1 MAR 2024
Amara Haqqani has quit the financial software and data firm after just six months as it struggles to lift profits. The departure of Haqqani, chief product and operating officer for Iress' wealth business, comes as the firm reported a bottom-line ...

'ASX Wolf' Tyson Scholz bankrupt in ASIC crackdown

ANDREW MCKEAN  |  FRIDAY, 1 MAR 2024
ASIC has secured sequestration orders against finfluencer Tyson Scholz, the self-proclaimed 'ASX Wolf,' effectively declaring him bankrupt. The corporate regulator sought sequestration orders against Scholz for not paying Federal Court-mandated costs ...

Long-term cost of super early release to be $85bn: SMC

CHLOE WALKER  |  FRIDAY, 1 MAR 2024
Australian taxpayers may face an $85 billion bill due to the COVID-era Early Release of Super scheme, according to a new analysis by the Super Members Council (SMC). Using the Superannuation, Pensions, and other Retirement OUTcomes (SPROUT) model, the ...

Perpetual profit, operating revenue lifts

ANDREW MCKEAN  |  THURSDAY, 29 FEB 2024
Perpetual reported an increase to its underlying net profit after tax and operating revenue, largely due to the Pendal acquisition. Underlying profit after tax (UPAT) reached $98.2 million, 46% higher than the prior corresponding period because of the ...

Annuities too expensive for most retirees: Research

JAMIE WILLIAMSON  |  THURSDAY, 29 FEB 2024
Analysis shows an annuity that pays an income equivalent to the Age Pension would cost a retiree more than $500,000. In researching whether annuities could solve superannuation's need for better retirement income stream solutions, Rainmaker Information ...

Major decline in group insurance coverage: ASFA

ANDREW MCKEAN  |  WEDNESDAY, 28 FEB 2024
The Association of Superannuation Funds of Australia (ASFA) has reported a sharp decline in group insurance coverage, pointing the finger at recent reforms. ASFA research indicates that the implementation of the Protecting Your Super (PYS) and Putting ...

Vanguard Super hits $1bn, soft launches pension product

JAMIE WILLIAMSON  |  WEDNESDAY, 28 FEB 2024
Vanguard Super has amassed $1 billion in funds under management in just over 12 months, while delivering the best-performing Lifecycle MySuper option of 2023 and quietly rolling out a retirement offering at half the cost of the incumbents'. Speaking ...

MLC Life Insurance hires from Cbus

CHLOE WALKER  |  TUESDAY, 27 FEB 2024
MLC Life Insurance has appointed Mirella Robinson to the newly created role of chief technology officer. Robinson, who brings 20 years' experience to the role, most recently served as chief information and technology officer at Cbus. Prior to Cbus ...

Super funds in pole position for expanded advice

KARREN VERGARA  |  MONDAY, 26 FEB 2024
Superannuation funds will have a leg up over life insurers and banks once the federal government implements its proposal to expand financial advice. This is according to industry experts who say that super funds are in good stead to bolster the availability ...